Skip to main content

About your Search

20121121
20121129
SPONSOR
STATION
SFGTV 132
LANGUAGE
English 132
Search Results 0 to 49 of about 132 (some duplicates have been removed)
SFGTV
Nov 23, 2012 5:30am PST
businesses also contribute to 52% of the total sales of taxes paid by businesses in the city. it's also important to note for every $100 spent locally owned independent businesses generate $68 iní%( z5 local economic act, and that compares to only $43 by the national chains or chain stores. joining the small business commission, office of small business, and our local partners, women impacting public policy, the san francisco chamber of commerce and sf travel, i wanted to urge everyone to shop locally during this holiday season. and we wish everyone a great and your holiday with your family friends and loved ones. i also wanted to invite people out on thursday, december 6, that's thursday, december 6, in the evening for our annual clementine, join the merchants from the green apple bookstore to park lifee÷jc- gallery and fy notions small businesses like foggy notion as we celebrate the holidays with our great clement street businesses. thank you. >> clerk calvillo: thank you. president chiu. >> president chiu: first of all i'd like to adjourn today's meeting in recognition of the
SFGTV
Nov 29, 2012 9:00am PST
support of our lgbt community that counters discriminatory federal tax policy and to provide a higher level of equalitytj( xrñ for sax spouses an partners who work for the city and county of san francisco. i'd like to thank cosponsors, campos and wiener. current city employees who would likemzjpkn to add their spouse r is taken out of their paycheck. federal government views health coverage by same sex spouses and domestidomestic -- to be taxable income. therefore they're taxed more than other city employees simply because their spouse or partners of the same gender. this discrimination in our federal tax code has cost same-sex partners thousands of dollars each year. as of july 28 of this year the latest data we have, the number of city and county of san francisco active members with same-sex domestic partners total over 350. san francisco has always been a leader in supporting our lgbt community and i'm proud to stand with that group. following the example of other municipalities such as cambridge, massachusetts and private employers such as google in the bay area who have s
SFGTV
Nov 23, 2012 12:30am PST
of seawall lot 30, valued at 30 million a year and new property tax revenue generate bid the yards your's development on both locations through creation of infrastructure financing district, estimated to yield about 5.8 million a year. >> to clarify the sales price is not per year, it is one time. >> one-time. the estimated total value of an infrastructure financing district, the amount that we could bond against for future property tax revenue off these two is approximately estimated to be 50 million. these values were determined by an appraisal that was conducted by the department of real estate with instructions provided by the city and port. there is then -- >> just one second. jennifer, we do have a few questions. supervisor a loss. >> thank you, chair chu. feeling a need to kick the tires a little bit. but looking at my notes here, when we had america's cup before us. >> yep. >> there was a discussion about seawall lot 330, that being a portion to use to help subsidize development, at that time the seawall lot 330 was assessed at 33million, now 30 million. how are we at the d
SFGTV
Nov 28, 2012 10:00am PST
early as a 30 million credit. the ability to bond against future property tax is a large chunk of money that could be put towards the reimbursing for those infrastructure costs. what the framework anticipates another source of credit in it a lump-sum early to create net present value of what a 66-year lease is and apply toward the expenditures. what i think is important to understand is 120 is a cap. it is a cap that if those expenditures are not met, if they are not needed in order to rehabilitate the substructure, there could be an excess of value in the three buckets, in which kay they would not be exhausted but our goal is to have repayment as quickly as possible. >> thank you. >> some of the -- >> i have a question. >> are you finished answering the question? >> i am. >> we do have another question. supervisor kim? >> thank you. i have a couple questions regarding the buckets. the questions are how to lower impact of 13% interest rate which has created a lot of interest among the members of the public. it is clear the sale price of the seawall can be paid up front. with prope
SFGTV
Nov 24, 2012 6:30am PST
. that converts into hotel tax into the city's general fund. the occupantcy will grow to 86 percent when the expansion grows. >> the projected occupantcy of the rooms? >> since the rooms is where it comes from, we have to say that the hotel will benefit from the assessment. >> where is it at? >> 1.5 percent. >> what is the occupantcy? >> it is about 80 percent this year. >> 79, 80 percent, thank you. >> excuse me, office of economic and workforce development. i wanted to go over the approval process, this is for the district which is proposed to fund, you know, over two-thirds of the projects, regarding the moscone expansion, but in addition, the district wants to fund a few other things which i will go into in a minute. a few junctions where there will be a few processes for the approved project. today, we have submitted petitions, actually, they have gone up to 53.97 percent weighted in support of forming the proposed mascone expansion and today is the resolution of intention that you are considering. and after if this was approved, at the full board, then, the department of elections
SFGTV
Nov 25, 2012 12:30am PST
historic buildings. there is a public investment of 1.5 million dollars and tax revenues generated to the city and i will briefly touch on this the port has a rental stream from it. there is a big benefit we're getting at saving the buildings. they constitute $100 million plus and we get a chance to bring them back so here are the numbers for the general fund. if you don't include the property taxes it's about half a million of benefit. with the property taxes it's 780,000 that is on going basis. it's not a small number and not as many commas in it but it will generate the general fund. we call out property taxes separately because in the greater context of pier 70 we may may look at a funding mechanism for this and even if we do that there is a fiscal benefits. there are benefits to special funds through the city. mta will get $70,000 a year and these special funds coming off property taxes, so that's the highlights. this is as we went over in october the potential revenue streams to the port over time. it could possibly range in our expected case that by 10 to 12 years out we are at $70
SFGTV
Nov 24, 2012 3:00am PST
feasibility report used pay roll tax. we will have gross receipts tax by the time arena is completed. the number has been adjust someday what to account for gross receipts tax. the annual unrestricted general fund is $12 million. dedicated or restricted is additional $5.2 million. one-time revenues will be over 50 million for various impact fees. gross receipts and transfer tax from sale of seawall lot 330. >> can i ask in terms of annual general fund revenue, the 12 million you show on slide 13 that shows property tax funding that would come in, is this net of the proposed isd or -- >> it is not. thank you for pointing that out. what you have to assume is the first 30 years that five million should be taken off the annual general fund revenues because that would be dedicated to repaying the isd. that would be issued in order to repay the warriors for the substructure costs. >> thanks. >> thank you for that. >> so the one-time revenues include the jobs housing linkage, housing, child care, impact and ease -- east sea, that is all include thered that number. economic benefits include
SFGTV
Nov 23, 2012 3:00pm PST
a bully agency the tax taxidrivers, parking meters in the physically frail. if muni passengers a lucky those taking the bus today are lucky if they are home by christmas. i had to acquaint this board with muni etiquette. when you say to someone i will see you in hell, it means i will see you in a muni bus. >> chairman nolan: next speaker plesae. >> commissioners thank you for letting me speak again. of the record i'm emile lawrence [sounds like]. i want to see what we see the mta is missing by a long mile. technology is superseding your medallions. if you look at the industry in london, they have to separate systems. they have -- taxis and taxes that pick up people on the street which are black cabs. taxis by telephone operate without any license. people can drive their own car or limousine by filing apps by people like hoover -- what i see is a collapse of your medallion prices coming up in the horizon, defaults from drivers, etc. the industry technologically is the preceding your ability to cope with it. i bring that to your attention because over the past six years or so, on t
SFGTV
Nov 25, 2012 11:00am PST
, either through the property tax increment they created by building vertical structures, by building the arena, building the open space, retail, condos on the site that creates the property tax as well as the value -- the rent is only realizable if the subtracture -- the number i showed you is only available if the subtracture is improved. the two examples of the sprint center and barklies are not apples to apples because all sports venues we investigate are unique financing structures but these are examples of projects in which david equity was invested in a sport's facility and the return received by that investor for that investment. so other key provisions of the conceptual framework is that we may agree on other improvements which would be built and financed by the warriors and then reimbursed by the city and one is the fire boats and excited to move forward on and think there is synergy moving the boat facility and engineer services further south and allowing to have those activities colocated on this pier. the warriors will pay all development impact fees. we have an agreement tha
SFGTV
Nov 24, 2012 11:00am PST
and taxes. my building taxes alone raised to ten fold. because you know the building just sold for 16 million. when i went in it was 2 million in value and the ground floor operators came down with the rent. >> thank you, your time is up. >> next speaker, please. >> hello, i too am here again, a lot of time that i spent on working on this issue before and we actually won a couple of permits that were not issued. >> this is a really big topic, not only in san francisco but across the united states and the business owners that pay money for the brick and mortar are up in arms. this is portland, chicago, new york, and i understand that the food truck operator actually lives in berkeley. berkeley does not allow food trucks. they are actually trucking the food in, and trucking the money out. san francisco is not gaining any tax dollars or the magnitude of the money, that is lost by the city sales on brick and mortar are going to go down. this is lut ris that this is happening in the financial district. i am, personally not against food trucks, bring them to the construction sites. one o
SFGTV
Nov 26, 2012 12:00am PST
direction, from the payroll tax reform to housing, to taking care of our parks. i appreciate your advocacy and your commitment to san francisco. because of our collective efforts, san francisco voters were able to make a very thoughtful choices at the ballot box this past couple of weeks, that have helped fund infrastructure, move to job creating tax policy, and invest in critical housing needs in our city. collectively helping san francisco families and businesses. with that i'd like to take your two questions, supervisors. thank you. >> president chiu: thank you. our first question will be provided by our district 6 colleague, supervisor kim. >> supervisor kim: thank you and congratulations on your leadership on the propositions we passed a through e. in our district we've gotten many e-mails and questions about this but something that hasa uát up with our resident what are current procedures for recouping cost for street closures. specifically, what costs are being reimbursed to the city, beyond permitting fees and what costs incurred by departments other than the mta and sf police dep
SFGTV
Nov 28, 2012 6:30pm PST
essentially costs related to the facilities management, taxes, insurance that might go up per year, percentage share of that is passed on to the city. but the base rate remains the same for the five-year term. happy to answer any questions you might have about either one of these. >> thank you very much. why don't we go to the budget analyst's report for these two items. >> madam chair, on item 5 the real estate department has a reported to us that rent for the last 54 months of 141,5 84 is equivalent to 95% of the prevailing market rate rentals. and as shown in table 3 on page 4 of our report, the rent and operating expenses total 2,177,043, that will be paid from general fund monies included in the dph's 12-13 and 13-14 budgets as previously approved by the board of supervisors. we recommend that you do approve that resolution. and regarding item 6, we point out on page 3 of our report that that -- the monthly base rent of 25,350 for all five years of the extension is actually the same as the current monthly rent. and as shown in table 2 on page 3 of our report, the first year tu
SFGTV
Nov 25, 2012 4:00pm PST
something be done with tax breaks? something to get modern elevators in these buildings? >> tax breaks are not my specialty. >> (off mic) not to pass the buck, by the financial and physical feasability, we have not seen this as a political issue. maybe we could organize around that. >> the councilmember suggestion of tax raises an interesting one. the technical challenge of replacing an existing elevator, the financial challenge of replacing it, we are talking about millions of dollars at times to do this type of work. it's complicated. >> thank you. >> chair: thank you. i lived in a 100-year-old building for 15 years. the elevator was never broken down. if you have enforcement, if the elevator breaks down and penalties apply that might be of assistance. >> if i could comment chairperson. one of the comments of councilmember -- is that older elevators have parts that have to be custom fabricated in order to make a repair. you do have the circumstance sometimes where you have a property owner who wants to make the fix to keep the elevator functioning but it can be out of service
SFGTV
Nov 24, 2012 3:30am PST
million and slightly over ten million. undetermined indirect benefits from grocery receipts tax revenue up to 120 million as you have heard capped in private expenditures, rehabilitation of 3032, reimbursement by port of those private construction expenditures. for use of 66 years of credits for pier 3032, valued at 1,970,000 per year. you also heard when i talked about 120 million that does include 13% return to gsw on the reimbursement of construction costs, non reimbursement construction costs. transfer of seawall lot 330 from port of gsw bay and 34 million and four years of general fund property tax revenues, used to repay a 60 million ifd bond. no new ongoing maintenance cost for the port. undetermined maintenance costs for which funding options are explored by the office of economic and workforce development, port and gsw. so based on those criteria the budget and legislative analyst finds the proposed development to be fiscally feasible under the code and therefore we recommend approval of this proposed resolution before you. in accordance of the codes, chapter 29, findin
SFGTV
Nov 21, 2012 7:30pm PST
extent that taxes go up, personal taxes go up, i assume that's going to affect -- could affect people in their plans to do, you know, kitchens and bathroom remodels. but there is some uncertainty. but at this point in time we're projecting to end the year to $7 million. that includes 5 million in revenue and 2 million in expenditures. right now year over year if you compare where we were last year, which remember last year was a good year, where we were last year to in october to a year to date now, we're actually up 37% in revenues. and if you look at the measure -- not the whole measure, but a measure of our issued permits, you see that the majority of the increases occur between the 10,000 to the 1 million, which is a large range. but that's in term of the valuation of the permits. anecdotally we're seeing a lot of permits that are coming through the system. we're seeing a lot of the impact fees being paid now that were incurred in 2005. so, we are seeing people finish up the projects that are sitting -- either doing it because of the economy or it takes a long time to get through
SFGTV
Nov 28, 2012 12:00pm PST
and how much is paid for the debt, tax credit investment. and then the last piece, the expensive piece, is the orton equity. the deal structure that they're willing to commit and agree up to 14 million are base case scenario, which is one of the budget [speaker not understood] did a different version of. our best case scenario was the project put in 2 million and we would be able to burn that off in less than 10 years. if we need to go back to the 14 million is when it takes 20 years or more to be in the sharing position. the challenge in this project is controlling the cost and structuring it so we can bring in the debt in a reasonable way and secure the tenant. we're going to work that through. we're going to be documenting that. by the time we're here with a deal, we're a very controlled and very limited exposure for the port, construction cost overruns. that will be very structured in the transaction documents. >> thank you. >> then on the -- i wanted to step back a piece. when we did our earlier planning for this project, we thought this would be a subsidy project. we though
SFGTV
Nov 28, 2012 12:00am PST
in the mta fund don't take a tax deduction. you have to make sacrifices to. and you better sleep on this. (applause) > this will be my third time. i would like to thank mr. chairman for giving us this time. in 1985 when i started driving taxis, i used to live here in the city around -- and i'd take the 90 bus to go to work. the bus driver - we became friends. and the metah officer, we used to take the bus at the same time too, 1988. since 1988, the driver, the muni driver, i know is retired now. the officer i know has retired with full benefits, 40 acres [indiscernible] -- all i did when i signed up for the waiting list was to have my own 40 acres -- [indiscernible] so that i can have my time when i retired, with the time i put in. i have seen everyone here on the board, you are here to help the city, individual stakeholders. i agree with the proposal here that smpta put on, the goal is to help stakeholders. how can you help stakeholders when we have side cabs that advertise on your website, putting 1500 private cabs on the street. a all that we ask was to give everyone on the waiti
SFGTV
Nov 23, 2012 6:30pm PST
fear is that these companies that are paying for property tax, that are paying for high rents are going to go out of business and to me that is a shame. how would someone that only has to pay a small fee and a parking a couple of quarters for parking, how is that fair business practice to those brick and mortar businesses that struggle every day to pay wages, property tax, insurance. so, you know, if we want to talk about a 300-foot radius, you know, there are a few businesses that are actual coffee places that are not being discussed here and one of them is muffin, muffins. they have been there for years and years and they are from within a 300 foot radius and that is what they do is sell coffee and muffins in the morning. to me, i think that we are going in the wrong direction in terms of coffee carts. we have got, our food trucks, and food trucks are designed to service those areas which are not served by restaurants, and downtown, san francisco, right in the middle, we do not need continuing to approve permits for food trucks. and i have this quick little thing here if i can show it
SFGTV
Nov 29, 2012 1:00pm PST
back over the 5-6 years, the last 3-4 years when it inherited the tax commission, you pay no attention to what any cab driver has given under any subject. -- you fed them dirt and kept them in the dark while you implement the policies. we are not criminals. we are taxi drivers but basically take people around the city but we cannot pay our rent. 25-35-15 years ago, and you think you do not own them any compensation as long as it goes into your checking account. maybe it is time for a civil grand jury to investigate. and what you are doing. it seems that you have no conscience at all in the city. thank you for your time. (applause) >> good afternoon. chairman nolan, directors. i am very curious as to why you gave us three minutes today. only one minute last month. when they all showed up. now they're not here because this is things giving week; they need to be working and serving the public. this is disgusting. the irishman is correct. you should go back and figure out what the nolan family really means. they will be a challenge to what you did. this is not funded yet and yet
SFGTV
Nov 29, 2012 4:30am PST
federal tax return, proof of residence, lack of income for members having no income but not listed as dependent on a household member's federal tax return. until we measured or came up with this criteria was that we identified four cities with similar low income discount programs that require customers to provide proof of income to receive the discount and this was los angeles, california, atlinto, california, columbus, ohio and eugene oregon for their utilities program. finding 2.2 is 3% of program accounts report 10 or more household members resulting in a high allowable household income. and what we found is of the cap accounts with data for household size 3% reported over 11 household members, which is almost three times the average household size for programs, which is 3.8 persons. while putting in an excessive number of household members is typical the reporting system does not prevent households from doing so to qualify for the program. finding 2.3, 16% of program accounts had a bill that is an unrealistically high proportion of reported income. what we found is of the 64 house
SFGTV
Nov 21, 2012 3:00am PST
lot of this is about the contract. a lot of sro rooms are subsidized the city tax dollars. i know you heard over the last couple of months from the department of public health, healthy human agencies, and nonprofits that work with those that place people in sros. we want to look at the contracts. anytime city tax dollars are used to place a senior or a person with a disability into an sro room, that there are safeguards. the property manager, landlord of that building is required to say that yes, in return for getting tax dollars, i will make sure that there are no bedbugs and things are maintained properly. that things are safe. all the basics that we all expect. we are thinking of getting them into the contract is one way to do that. that is something we are working on. we welcome other ideas and assistance on that. having bph and sha in the last couple of months is a good opportunity to connect with them. and the thing about how we can do that in the contract. we are also looking at the enforcement structure, department of building inspection and the department of health. the polic
SFGTV
Nov 20, 2012 4:30pm PST
saying we want to raise parking meters, we want to raise more taxes and this program is on the books, good luck. >> president chiu: supervisor wiener. >> supervisor wiener: thank you, mr. president. i( ]9 want to be clear about something first. in terms of the mtc and supervisor campos is correct, that i'm not in any way suggesting that it is somehow prohibited or inappropriate legally to use this money for the free youth pass program. this is one of the allowed uses. but as supervisor elsbernd stawtd stated so is maintenance procurement or rehabs and this is a choice, not a false choice. we heard that yesterday. we heard it today. that is absolutely rhetoric.82( and -- well i don't like it, but the fact is that transit funding is a limited thing. it's not this growing asset. you don't just use the money for something, and then it magically appears from somewhere else. it is a -- for -- i don't like it but it's a zero sum game in terms of how we use very scarce transit dollars. this is anything but a false choice. i will also say that i recall, months and months ago, hearing both the
Search Results 0 to 49 of about 132 (some duplicates have been removed)